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Two MoUs were signed on Thursday for setting up software technology parks in Faisalabad and Rawalpindi to boost the growth of the IT industry in Pakistan.
During a meeting, it was revealed that the first software technology park would be set up at Ali Fatima College of Science and Technology, Sitara Chemical, Faisalabad, covering an area of 19,500 square feet.
Meanwhile, the Software Technology Park in Rawalpindi will be set up at Amazon Outlet Mall covering an area of 44,000 square feet and will meet the demand of the technology sector for setting up Software Technology Parks in Islamabad / Rawalpindi. Will
Speaking on the occasion, IT Secretary Shoaib Ahmed Siddiqui said, “The IT industry has been given top priority by the government to improve Pakistan’s economy, create employment opportunities and raise the overall standard of living. Has been. ”
On this occasion, the industry is being given strong support from the government and very attractive incentives.
“There are a number of projects aimed at supporting and assisting the IT industry in its growth and ensuring a steady pace of growth in domestic and export earnings,” he stressed.
Siddiqui lauded the performance of IT professionals and entrepreneurs in making Pakistan’s ICT industry a success story, achieving a remarkable growth in remittance inflows and making it one of the largest net exporters in Pakistan’s services sector. Made it.
He stressed the need for close liaison between the IT industry and public sector entities to ensure the comprehensive development of Pakistan’s IT sector.
Usman Nasir, managing director of the Pakistan Software Export Board (PSEB), said there was a strong demand for software technology parks in the country.
In line with the growing IT industry, software technology parks are being set up under public-private partnership mode.
PSEB is also setting up a software technology park by converting unused buildings into state-of-the-art technology parks.